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    9820 Lake Forest Blvd New Orleans, LA 70127

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    For Sale
    $2,900,000

    Retail property with anchor space and high-visibility location.

    Property size:
    41,793 SF

    Property Features for 9820 Lake Forest Blvd

    General Information

    Size
    41,793 SF

    Source: Sam Hurley Agent Sam Hurley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Investment Opportunity in New Orleans

    The property at 9820 Lake Forest Blvd is a retail investment opportunity, featuring approximately 41,793 square feet of space on roughly 2.51 acres. It has about 406 feet of frontage on Lake Forest Blvd. Available spaces include an anchor space of approximately 23,000 square feet, currently equipped as a family entertainment park, and an end-cap space. Current tenants include Beauty & More, SouRcE SneaKeR Lab, Uniforms by Logo Express, and Revival Church for the Nations. The property provides ample parking, and the parking lot was resurfaced in 2023. Located in the West Lake Forest neighborhood of New Orleans East, the center is positioned just off I-10, between the Crowder Blvd and Read Blvd exits, offering great visibility and access to a broad customer base. Nearby locations include Joe W. Brown Park, USPS, Goodwill, Planet Fitness, New Orleans East Hospital, and Audubon Louisiana Nature Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Optimus Entertainment Amusement Center Des Select Few ... Dance Company SouRcE SneakeR Lab Shoe Store Uniforms by Logo ... Uniform Store Beauty & More NOLA Beauty Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Coinstar Kiosk - Bitcoin ATM, Read Plaza Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -89.9785014
    Latitude
    30.0292988

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    FAQs

    What type of property is this?
    Shopping center - Retail property with anchor space and high-visibility location.
    Where is this shopping center located?
    The property is located at 9820 Lake Forest Blvd New Orleans, LA.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: - High-visibility location on Lake Forest Blvd with 406ft of frontage.; - Proximity to I-10 and major thoroughfares (Crowder Blvd & Read Blvd exits).; - Anchor tenant opportunity with a **+/- 23k SF space already outfitted as a family-fun entertainment park.**
    (504) 408-2285
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    9820 Lake Forest Blvd New Orleans, LA 70127
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    New Orleans, LA 70127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9820 Lake Forest Blvd New Orleans, LA 70127
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